Given your professional background and prominent results as can be read in the wp, did you consider to raise the Equity in fiat World instead of ICO?
Of course we did consider this but when we realize the opportunity to launch a business in a still young and promising market we decided that we should put all our energy there. Now, we cannot say that we are not approached from time to time by this more traditional universe where we are coming from. For the moment, it is still on the back burner Well that's just good news for us, the crypto community, i for example have most my assets in cryptocurrencies, so it's easier for me to participate into this. Exactly - many people just don't have enough time (and knowledge  ) to be able to trade daily. Napoleon will solve this problem and allow you to take profits without any hassle When you say many people, you mean most of people? Since most of normal investors are just hodling long term,since not everyone knows enough about technical analysis to do day trading... of course then there are ico flippers but that's a different story. Probably majority tried to day trade and found out its not easy at all. You will likely be in minus if you dont know what your doing. With the promising bot this will be a different story. I tried to do daytrade in the beginning. I got lucky because I just started with a pump in a coin where I bought cheaper and made like 400% (not much, because I just tested trading) and the I was like "WOW, that's so easy"... we all know what then happend, don't we?  NapoleonX could help a lot of people to trade and make money. When you guys talk about trading you mean trading of cryptos. Am I right, that crypto-trading is (still) a small part of their project due to its relatively low volume and that they are mainly trading real assets? I think they are talking about cryptos. NaPoleonX will not be focussing on cryptos but in the real market. Cryptos has indeed a very low volume. NaPoleonX will be doing real assets. We will do what makes our DAF investors earn Return. And to make happy our NPX token holders we will want to have largest as possible DAF, hence we need strategies that are scalable. If at the beginning it is in the traditional universe, so be it. If we develop very performing strategies in the crypto space with large scale, we will be there too. |
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Given your professional background and prominent results as can be read in the wp, did you consider to raise the Equity in fiat World instead of ICO?
Of course we did consider this but when we realize the opportunity to launch a business in a still young and promising market we decided that we should put all our energy there. Now, we cannot say that we are not approached from time to time by this more traditional universe where we are coming from. For the moment, it is still on the back burner Well that's just good news for us, the crypto community, i for example have most my assets in cryptocurrencies, so it's easier for me to participate into this. Exactly - many people just don't have enough time (and knowledge ) to be able to trade daily. Napoleon will solve this problem and allow you to take profits without any hassle When you say many people, you mean most of people? Since most of normal investors are just hodling long term,since not everyone knows enough about technical analysis to do day trading... of course then there are ico flippers but that's a different story. Probably majority tried to day trade and found out its not easy at all. You will likely be in minus if you dont know what your doing. With the promising bot this will be a different story. I tried to do daytrade in the beginning. I got lucky because I just started with a pump in a coin where I bought cheaper and made like 400% (not much, because I just tested trading) and the I was like "WOW, that's so easy"... we all know what then happend, don't we? NapoleonX could help a lot of people to trade and make money. You all make it seem like NapoleonX platform will make everyone's woe go away, if that was so, then everyone will use it and who will be left to take the loss. Even if the bots are functioning favorably, you will still need to be inclined on the subject to use it wisely. I asked the same question, they give an answer to me that people vs ai at some point. If the market becomes one big ai, then no one left to beat for making a profit. But still, it's impossible to everybody use napoleonx. So if it gets mass adoption still it won't have everybody's trade actions. The ppl vs AI analogy doesn't make sense to me. cos even in casinos, when you play a machine, you technically betting against the house. So someone always has to take a loss. And if some magically algorithm will double/triple your earnings, then am wondering, who will be left holding their dick You are assuming that all actors in the market are rationale, which is not the case, hence the possibility to benefit from it. It has always been the case, and it is very doubtful that it would disappear overnight. You need to be on the side of the clever boys wherever they are. Only trick is that you will know that only after ... |
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Given your professional background and prominent results as can be read in the wp, did you consider to raise the Equity in fiat World instead of ICO?
Of course we did consider this but when we realize the opportunity to launch a business in a still young and promising market we decided that we should put all our energy there. Now, we cannot say that we are not approached from time to time by this more traditional universe where we are coming from. For the moment, it is still on the back burner Well that's just good news for us, the crypto community, i for example have most my assets in cryptocurrencies, so it's easier for me to participate into this. Exactly - many people just don't have enough time (and knowledge ) to be able to trade daily. Napoleon will solve this problem and allow you to take profits without any hassle When you say many people, you mean most of people? Since most of normal investors are just hodling long term,since not everyone knows enough about technical analysis to do day trading... of course then there are ico flippers but that's a different story. Probably majority tried to day trade and found out its not easy at all. You will likely be in minus if you dont know what your doing. With the promising bot this will be a different story. I tried to do daytrade in the beginning. I got lucky because I just started with a pump in a coin where I bought cheaper and made like 400% (not much, because I just tested trading) and the I was like "WOW, that's so easy"... we all know what then happend, don't we? NapoleonX could help a lot of people to trade and make money. You all make it seem like NapoleonX platform will make everyone's woe go away, if that was so, then everyone will use it and who will be left to take the loss. Even if the bots are functioning favorably, you will still need to be inclined on the subject to use it wisely. I asked the same question, they give an answer to me that people vs ai at some point. If the market becomes one big ai, then no one left to beat for making a profit. But still, it's impossible to everybody use napoleonx. So if it gets mass adoption still it won't have everybody's trade actions. Not all ai will be born the same and in the end it will be down to human implementing these algos and not just the algos themselves. Trading is a zero sum game so you just need to find the cleverest guys in the room. And this can change overtime, so they should still be alert. Some great examples in the traditional space: Rennaissance and Bridgewater. These are the 2 most successful Hedge Funds that have run for decades and made money year in year out with quant strategies. |
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there is few infomation on topic,where should i to lern about this project,why NaPoleonX is hot in bct thread.
Go to their website : https://napoleonx.ai/Then download the whitepaper sir There were WhitePaper, GoldPaper @ BlackPaper, never heard of those, i need to read them all and figure out that what they are. Whitepaper = description of our project and vision Goldpaper = educational paper on why algorithmic trading Blackpaper = first glimpse on our 10 first strategies that would be used to launch DAFs and the way we intend to structure them |
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Given your professional background and prominent results as can be read in the wp, did you consider to raise the Equity in fiat World instead of ICO?
Of course we did consider this but when we realize the opportunity to launch a business in a still young and promising market we decided that we should put all our energy there. Now, we cannot say that we are not approached from time to time by this more traditional universe where we are coming from. For the moment, it is still on the back burner Well that's just good news for us, the crypto community, i for example have most my assets in cryptocurrencies, so it's easier for me to participate into this. Exactly - many people just don't have enough time (and knowledge ) to be able to trade daily. Napoleon will solve this problem and allow you to take profits without any hassle When you say many people, you mean most of people? Since most of normal investors are just hodling long term,since not everyone knows enough about technical analysis to do day trading... of course then there are ico flippers but that's a different story. Probably majority tried to day trade and found out its not easy at all. You will likely be in minus if you dont know what your doing. With the promising bot this will be a different story. I tried to do daytrade in the beginning. I got lucky because I just started with a pump in a coin where I bought cheaper and made like 400% (not much, because I just tested trading) and the I was like "WOW, that's so easy"... we all know what then happend, don't we? NapoleonX could help a lot of people to trade and make money. When you guys talk about trading you mean trading of cryptos. Am I right, that crypto-trading is (still) a small part of their project due to its relatively low volume and that they are mainly trading real assets? We are trading whatever allow us to generate performance and can handle size. At the moment we have most of our algos that are coming from the traditional asset universe because we developed our expertise there. However, we have developed some algos on cryptos like the one on BTC vs USD and our very same approach in the traditional space give excellent result there. We just need size to use them and BTC is definitively a sizable market. So is ETH, but the other ones will develop over time and we will be there in due time. |
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Thanks for the info, I've passed it on to our guy in charge of making sure all our info is accurate everywhere. Just for clarification, 1 NPX = 0.01ETH and max cap is 100,000 ETH with a hidden cap below this level. |
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Yes its true that the community and supporter NapoleonX grow very fast, we are more and more each days and a lot of people come here really hyped by the project. Its really good for the future and a good sign for the ico, the value of a project depend also of the community and the team behind it. NapoleonX have all of that and all the technologies and features to skyrocket.
True, the community is getting bigger and bigger, but in the end it's important that people also invest into the project and the best would be if the devs already try to speak with big investors to get some into the boat. I think that is the thing needed here, because I have the feeling big investors are the most important investors for projects like this. But maybe they are already in contact? Do someone know if they have talked about this? I have heard that many successful projects have worked with the Bitcoinsuisse Foundation. I think such funds are a road to big investors. Whales usually try to buy on pre-sales. . We are holding negociations with them actually and would make an announcement should we agree on a deal. As you are mentioning it is very interesting to (1) have investors with fiat and (2) investors with BTC or large holding of other cryptos. We have tweaked our structuring to accommodate their main objections on us being seen as a security and not a utility token. Our lawyers have confirmed that this is the case now |
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I've been looking over your token metrics and wondered if the NPX token is divisible. So, for example can i send someone 11.345 NPX? Or does it always have to be whole numbers?
The whitepaper mentions that NPX is a token without decimals, so you will always have whole NPX, 1, 2 3 and so on, I imagine that will make things easier for the bots, clients, holders, etc. but will force to pay whole amounts if you want to buy some NPX you will have to buy with a set amount. token without decimals. This can be a problem. When sending tokens between users' wallets, they will require small commissions. If the token is indivisible, there may be a technical problem. The Commission will have to put at least one NPX. I have raised this point with our Jerome, our Advisor on this point to get his hindsight. It would not be a good thing that people are overpaying for making transactions. Thank you for responding to my question. In my opinion, this is really an important technical problem. It is fundamental. The commission's question with indivisible tokens can be quite serious. There will be problems when placing tokens on exchanges We have asked our devs to implement NPX with 2 decimals. It should be done this we and you could see it on our Github at github.napoleonx.ai where we hav put our smart contracts. |
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Yes its true that the community and supporter NapoleonX grow very fast, we are more and more each days and a lot of people come here really hyped by the project. Its really good for the future and a good sign for the ico, the value of a project depend also of the community and the team behind it. NapoleonX have all of that and all the technologies and features to skyrocket.
True, the community is getting bigger and bigger, but in the end it's important that people also invest into the project and the best would be if the devs already try to speak with big investors to get some into the boat. I think that is the thing needed here, because I have the feeling big investors are the most important investors for projects like this. But maybe they are already in contact? Do someone know if they have talked about this? Yes, we are of course discussing with some big boys to help them come onboard. We are hoping to conclude some deals in the coming weeks before the presale opens? These guys are essentials as they drive volume for this ICO but also for the launch of our future DAFs |
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The project is unique on the market, and this is what the market will conquer. Many investors are afraid to enter crypto-currencies due to high risks, but this project is a great opportunity to secure their money and make a profit.
Many are afraid to enter and many are afraid to do day trading. NaPoleonX will be helpful in overcoming everyone's fear. That is what I said at the beginning, many people either are afraid, or don't have the time to constantly trade in the market, so they will resort to bots, and when they discover that they have a set of complex bots and strategies for their trading problems, they will jump here, so NapoleonX will rise in an exponential way, normal people are not traders, so they will the first to resort to this, while experts, prefer doing it themselves, but let's face it, they are few if we compare it with a number of people that aren't. That's why I'm investing in NaPoleonX because I don't have much time to trade and also I use to get panic in dips. hahaha how did you handle that in the near past? especially arround sept 15th? Our BTC vs USD bot, cut its long BTC exposure on 8th September at close and is now long USD. It reassesses the situation every friday |
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whats the difference of your minimum cap and the target cap? what if you will not achieved the tgarget and only the minimum cap, would that mean ico is not successful?
The minimum cap, is really the minimum we would need to kick start seriously the project but we would not have a lot of headroom to really accelerate the marketing process that will be required to launch DAFs. In the traditional asset universe, it is ver difficult for actors to emerge if they are too small at the beginning regardless of the quality of their team and strategy. It is a little bit unfair, but that's how it works. We will need to prepare additional ICOs after this one for launching the DAFs and we need this first one to be a great success. Only time will tell. but wht are you still have to have a target cap if the minimum cap is already your minimum cap? why not only have two caps, minimum and the max cap? i think many people will be confused about this one. even i got confused to.  Target cap is the money we would need in our ideal scenario, min cap is really the min we would need to initiate this project. Max cap / hidden cap are here to offer a little bit more space for potential investors knowing that above our 40k target, we would invest it in our DAFs to accelerate even further our development. |
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Given your professional background and prominent results as can be read in the wp, did you consider to raise the Equity in fiat World instead of ICO?
Of course we did consider this but when we realize the opportunity to launch a business in a still young and promising market we decided that we should put all our energy there. Now, we cannot say that we are not approached from time to time by this more traditional universe where we are coming from. For the moment, it is still on the back burner Well that's just good news for us, the crypto community, i for example have most my assets in cryptocurrencies, so it's easier for me to participate into this. Exactly - many people just don't have enough time (and knowledge ) to be able to trade daily. Napoleon will solve this problem and allow you to take profits without any hassle But I still wonder something. Trade is a win-lose game. not win-win. When we get money from buy low sell high someone will lost their money. Yes trading is a zero sum game. You have to be better than others. So you need to pick the right guys to follow. Unfortunately you will discover later whether you made the right choice. With us, we are providing some very long term statistics to help you decide. No other project as far as we know has done that. That is no guarantee for the future but at least you have some tangible elements to decide, not just promises. |
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Where on the site can I read how the bots work?
I liked the project but I still don't understand how everything works.
Thanks
You should download our Blackpaper for more info on our bots, directly from our website. If you want to have access to the code itself, I'm afraid it will not be possible to give away our intelectual property. However, you will still get some very useful information and some very long term statistics |
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Do you already have a beta version of the platform?
When do you plan to launch the platform?
Yes we do have the beta version and just fine tuning it security checks before releasing it. Our vision is much bigger than just this beta version and we have plenty (too many ?) ideas in terms of functionalities given our long experience. Even as fund managers we used to be frustrated by the tools we had at our disposal. And we have a clear vision of what should be encapsulated right from the start. |
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Given your professional background and prominent results as can be read in the wp, did you consider to raise the Equity in fiat World instead of ICO?
Of course we did consider this but when we realize the opportunity to launch a business in a still young and promising market we decided that we should put all our energy there. Now, we cannot say that we are not approached from time to time by this more traditional universe where we are coming from. For the moment, it is still on the back burner |
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Can you give any indication of the presale interest?
We could say that interest has definitively picking up since a few weeks and has clearly accelerated with the launch of our bounty program. we're on target to exceed the min cap before presale starts and we will be also accelerate on some very large transaction to hopefully smash it. I do not like to sound overconfident as these are just interest and not real money yet, but we like the trend we are seeing. It's nice to feel support in our adventure. We will get more visibility also with the upcoming events. |
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This article got more than 11 thousandth views already which confirms, that this project is attractive for a lot of people. It will be interesting to see how will ICO go. Proof of performance is the next big thing  NaPoleonX will get a lot of attention from a lot of big investors. This ICO will be huge! I really hope this project is too big, I'll try to invest some $$$. Must reach at least the soft cap Like I said previously, that's the kind project that easily can attract some whales. Give them a way to easily make their capital grow and they'll come in mass. Thats true! Whales will be joining this project because its something new and thats what they like. New fresh water  Cant wait to see the beta in action! The more NaPoleonX can show before the ICO the better it is I can't find when planned release beta version? Yes, I would like to see a working product in action too You can't find it because we have not announced it yet. I have just sent our devs a message to accelerate this process. What I can only tell you is that we have made some demos of this to some very big traditional investors to get their feedback. The only thing that slow us down in releasing it is security. |
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Like I said previously, that's the kind project that easily can attract some whales. Give them a way to easily make their capital grow and they'll come in mass.
What if the whales don't want any competition? Only a minority of investors have access to highly performing investments funds due to high initial capital requirements, physical trade constraints, operating costs on capital flows.NaPoleonX aims to take that kind of investment power back from large banks and financial institutions who profited over the backs of smaller investors. Power to the people! But the way the papers are written also means the team shouldn't expect, or even want, support from those same large banks and financial institutions. Large instituion would not join these kind of projects because they don't have the right set up to do so. Wealthy individuals on the other hand ... wants to diversify away from their existing asset alocation, get some fun and would not be against making some money !!! |
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whats the difference of your minimum cap and the target cap? what if you will not achieved the tgarget and only the minimum cap, would that mean ico is not successful?
The minimum cap, is really the minimum we would need to kick start seriously the project but we would not have a lot of headroom to really accelerate the marketing process that will be required to launch DAFs. In the traditional asset universe, it is ver difficult for actors to emerge if they are too small at the beginning regardless of the quality of their team and strategy. It is a little bit unfair, but that's how it works. We will need to prepare additional ICOs after this one for launching the DAFs and we need this first one to be a great success. Only time will tell. |
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On the site cryptocompare the price of the token was corrected, but the description still has a mistake:
Min Cap - 25 000 ETH | Soft Cap - 100 000 ETH | Max Cap - Uncapped
Or, not mistake? Uncapped project is not good for promotion
It is still a mistake. The project has a formal cap at 100,000 ETH and a hidden cap below this level. |
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